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Identification:
An academic institution is an educational institution dedicated to higher education and research, which grants academic degrees.  Colleges, universities and academies will fall within this category. A non-profit institution is a group, institution, or corporation formed for the purpose of providing goods and services under a policy where no individual (e.g., stockholder, trustee) will share in any profits or losses of the organization.  Nonprofit organizations are institutions that conduct their affairs for the purpose of assisting other individuals, groups, or causes rather than garnering profits for themselves. Nonprofit groups have no shareholders; do not distribute profits in a way that benefits members, directors, or other individuals in their private capacity; and (often) receive exemption from various taxes in recognition of their contributions to bettering the general social fabric of the community.  Research institutes, depositories and repositories would fall within this category.

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